Housing costs in Loma?
A typical home costs
$174,600, which is 48.4% less expensive than the national average of
$338,100 and 27.5% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Loma costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 31.4% cheaper than the state average of
$920.
Can I afford Loma?
To live comfortably in Loma, North Dakota, a minimum annual income of
$33,480 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Loma?
The cost of living in Loma, ND is quite reasonable. The area has a low cost of housing compared to the national average, with median home values just over $100,000. Grocery costs are also lower than the national average, and utilities such as electricity and heating are well below the national averages as well. In addition to this, you can find plenty of affordable restaurants that serve up delicious meals. All in all, living in Loma means enjoying a quality lifestyle at an affordable price.